Companies everywhere are concerned with time theft. One of the ways that time clock fraud can happen is through “buddy punching,” when an employee clocks in or out for other employees. Facial recognition technology is designed to help you prevent buddy punching. Do your employees know how much buddy punching costs your company? Buddy […]Read More >
3 Ways to Grow Your Business with Time and Attendance
- nettime solutions staff
Spring temperatures have warmed us up and thawed us out in the Northern Hemisphere. Now we feel like the sun, and we’re calling on businesses to grow. Did you know that time and attendance software can help you do just that?
There’s no question about it: You need paying customers to grow your business. But if your time and attendance system isn’t set up for optimization and analysis, many of those hard-earned dollars can leak through the cracks.
Here are 3 ways to keep more of your profits and grow your business:
Eliminate Time Theft
Often, there are innocent inaccuracies on a timesheet. But sometimes, there are not-so-innocent inaccuracies; or there is “buddy punching” at the employee clock. With an advanced system, you capture hours right down to the second and in real time.
Identify Problems Before They Happen
We can’t control external risks to our business, but we can monitor operational risks. Take, a workforce shortage, for example. With an advanced time and attendance software, you can set KPIs for time and attendance and review reports for labor analytics.
Better Monitor Off-Site Employees
Remote employees expect mobility for conducting business. But supervisors are often left in the dark. With the mobile feature of an advanced time and attendance system, employee management is improved with real-time data capture and geolocation approvals.